Wednesday, March 28, 2012

AUD/JPY - Bearish Gartley Pattern - Weekly Chart

AUD/JPY has formed a Bearish Gartley pattern on Weekly chart.  Also, a Bearish Engulfing candlestick pattern has formed.  Trade would be invalidated if price goes above 88.62.  This trade will require some patience, but can be very rewarding.  Profit Targets at 38.2%, 50.0%, and 61.8% drawn on chart.


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